China’s Pivot to Russian Oil and the Global Market Fallout Amid U.S. Control of Venezuelan Energy

As the U.S. asserts control over Venezuelan oil and restricts Russian and Chinese access to the country’s energy sector, China is deepening its reliance on Russian crude, reshaping global oil trade patterns. This shift affects pricing, geopolitics, and the balance of influence—with broader implications for energy security, sanctions regimes, and U.S. dominance in global markets.